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NFL Network reports free agent Ed Reed has left the Texans' facility without a deal, and that there's "nothing expected" Friday.

The Baltimore Sun reports interest between the sides "remains heavy," but that Reed could "shop the deal around." A source termed the talks as "all positive," and expects a deal to "eventually" get done. Nothing is ever over until it's over with Reed, but Houston remains the favorite to pry him away from the Ravens.

Yahoo Sports reports Adrian Peterson is pondering potential trade destinations, and is willing to consider a contract restructure to facilitate a deal.

Charles Robinson reports Peterson is having an "open dialogue" with the Vikings about his future, and has "entertained" remaining in Minnesota. Robinson lists the Cardinals, Colts, Cowboys, Chargers and Bucs as Peterson's preferred destinations in a trade. The Vikings have thus far insisted they want Peterson back, but it's nearly impossible to see that happening at Peterson's currently-scheduled $12.75 million salary.

It's a stunning trade in a league bereft of them. The move gives new Bills coach Rex Ryan a centerpiece for his "ground-and-pound" offense, and reunites Alonso with his college coach in Chip Kelly. The Philadelphia Daily News' Paul Domowitch reported late last month that the Eagles were unlikely to keep Shady at his $11.95 million cap number. McCoy is coming off a year where he averaged just 4.2 yards per carry and was eased off goal-line duties, but remains one of the league's premier runners. He is still only 27 (in July). From a fantasy perspective, he remains a clear RB1 on what will be one of the NFL's highest-volume rushing teams. As for the Eagles, they now have a gaping hole at running back. For better or worse, Kelly is proving more than ready to exercise his absolute control of the Eagles' roster.

The sides had been working on a revised deal, but couldn't come to an agreement. The move frees up a whopping $8.425 million in cap space, but leaves the Eagles thin on edge rushers. A longtime defensive end, Cole transitioned to a 3-4 outside linebacker for coach Chip Kelly, and notched 14.5 sacks across 31 games. That includes 6.5 in 2014. Cole is going on 33, but his continued production and scheme versatility will earn him plenty of interest on the open market. Cole has spent his entire 10-year career with the Eagles.

Cowboys agreed to terms with WR Cole Beasley on a four-year, $13.6M contract.

The Cowboys likely could have retained Beasley on a second-round restricted free agent tender. Instead, they decided to make a longer-term commitment with a $4M signing bonus as part of $7M guaranteed. The grossly undersized Beasley emerged as a reliable slot option late last year, averaging 3.5 catches per day over the final eight games (including playoffs). He'll continue to fill a Jeremy Kerley kind of role for Dallas, who used their franchise tag on Dez Bryant Monday and also has No. 2 man Terrance Williams under contract.

Williams recovered nicely after a rocky start in 2014, playing solid in coverage and recording two INTs in the second half of the season. Despite his resurgence, the Eagles decided Williams wasn't worth the $8.1667 million left on his contract. Cutting Williams saves Philly $6.5 million in cap room and opens the door for Philadelphia to sign a top free agent cornerback like Byron Maxwell. Consistency has been an issue, but the 30-year-old Williams shouldn't have trouble finding a new team as 2014 was arguably the best year of his career. A source told Aaron Wilson of the Baltimore Sun that Williams is interested in returning to the Ravens, the team he played for from 2009 to 2012.

Prior to requesting a trade/release from the Texans, Andre Johnson was told his role would be reduced in 2015.

The Texans are making DeAndre Hopkins their No. 1 wideout; Johnson didn't want to stick around as a complementary player. So he's a goner, leaving Hopkins dripping with upside entering his third NFL season. The 2013 No. 27 overall pick already had a bit of a breakout last year, posting 76-1,210-6 despite constant quarterback issues. Now "Nuk" can expect a significant jump in targets per game after getting 7.9 in 2014. He's primed for top-ten WR1 production.

The Houston Chronicle's John McClain reports the Texans have given Andre Johnson permission to seek a trade, and if one can't be found, he'll be released.

The Texans informed Johnson that he'd have a reduced role, and the soon-to-be 34-year-old promptly requested to be cut or traded. Houston will grant his wish. We highly doubt any team will trade for Johnson, considering he's scheduled to earn base salaries of $10.5 million and $11 million in the final two years of his contract. The Texans will clear $8.825 million against the cap by shedding Johnson's contract. The move will lock DeAndre Hopkins into the clear-cut No. 1 receiver role after he leaped forward as a sophomore.

RapSheet also throws the Seahawks into the mix if Marshawn Lynch retires, but we don't see them as a serious threat. The Seahawks are unlikely to get anything definitive from Lynch within the next week, and Murray is going to sign within the opening 48 hours of free agency. The other three teams make plenty of sense and have also been linked to Adrian Peterson. Arizona is looking to take some work off Andre Ellington after he broke down as the workhorse in 2014. Ahmad Bradshaw is a free agent in Indy, and Trent Richardson is likely a goner. Toby Gerhart didn't cut it as the Jaguars' lead back, while Denard Robinson is more of a change-of-pace runner. Murray will likely go to the highest bidder.

"Sources with the organization" tell NBC Washington that the Redskins are interested in free agent Ndamukong Suh.

Consider this the least-surprising development of the offseason. Owner Daniel Snyder has long thought games are won in March, not September-December. Per the Washington Post, the Redskins have about $25 million in cap space. A run at Suh isn't a pipe dream, but would limit new GM Scot McCloughan's options in his first year on the job. The Redskins are 12-15 players away from being a contender, not one.

The little-used tag costs $7.071 million, and gives the Dolphins right of first refusal on a player they badly want to keep. Using the transition instead of franchise tag saves the cap-strapped Dolphins $1.27 million. Clay can sign an offer sheet with any of the 31 other teams, but the Dolphins will have the right to match. If they do not, they will receive no compensation if Clay walks. Barring a truly crazy or odious offer from elsewhere, Clay should be back in Miami next season.

JPP's one-year tender is for $14.8 million. The sides have been talking for the better part of a month, but aren't believed to be particularly close to a long-term deal. They have until July 15 to reach an accord. Pierre-Paul has been on a career roller coaster since taking the league by storm in 2011, but his 12.5 sacks last season were his most in three years. The Giants may prefer a one-year deal to a multi-year pact considering JPP's inconsistency and past injury issues.